Luther Burbank (NASDAQ:LBC) reported its Q3 earnings results on Tuesday, October 26, 2021 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Luther Burbank beat their estimated earnings by 20.0%, which surprised analysts.
Revenue was up $8,848,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08, which was followed by a 4.11% increase in the share price the next day.
Here's a look at Luther Burbank's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.33 | 0.29 | 0.27 | 0.21 |
| EPS Actual | 0.41 | 0.35 | 0.31 | 0.27 |
| Revenue Estimate | 39.97M | 37.77M | 37.00M | 35.63M |
| Revenue Actual | 41.41M | 39.03M | 37.71M | 36.70M |
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